Educating to save as well as saving to educate

Educating to save as well as saving to educate

Educating to save as well as saving to educate

Urgent and significant attention needs to be given to those saving for further education according to Martin Shaw, Chief Executive of the Association of Financial Mutuals:

“With the introduction of new tuition fees it has never been more important for parents to start planning towards meeting the cost of education.  However, what children need today, just as much as saving to educate, is educating to save. This point is made more prescient with the recent research from the Personal Finance Education Group showing that over half of all teenagers are in debt by the age of 17.